Ethereum, after experiencing profit-taking from early accumulation, has seen a short-term pullback to lock in gains. From a technical perspective, if the subsequent market can maintain a bearish trend without a substantial decline, around 3140 will become an ideal low-entry point, with a stop-loss set at 3128. It is worth noting that ETH's current price range between 3140-3150 has already completed the support and resistance switch, which typically indicates the formation of a new support level.



For the existing 3116 long position, it is recommended to promptly adjust the stop-loss to 3129 to lock in risk, while setting a take-profit target at 3206. This setup can effectively control downside risk while allowing profits to run fully without being disturbed by intermediate fluctuations. The key is to remain patient, ignore market noise, and let time and space fully unfold this upward trend.
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BoredStakervip
· 01-12 12:42
3140 is really a sweet spot; I'm just waiting for this pullback.
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Blockchainiacvip
· 01-12 04:54
Position 3140 is indeed interesting. The signal for support and resistance switching is quite reliable, but I still think it depends on whether it can truly stabilize afterward.
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0xDreamChaservip
· 01-12 04:54
The 3140 level is really a bit tense. The guys who bought in low earlier should be smiling now. Now it's just a matter of whether we can hold the 3128 support. If it breaks below, it's game over.
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MeaninglessApevip
· 01-12 04:54
Position 3140 is indeed worth paying attention to, but what I care more about is whether it can truly stabilize; otherwise, it will be another slaughter feast.
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SatoshiSherpavip
· 01-12 04:52
3140 is indeed a good level. I previously analyzed the support swap logic, and this move still depends on whether we can hold and not break below 3128.
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SillyWhalevip
· 01-12 04:47
Position 3140 is indeed attractive; now it's just a matter of whether it can hold without falling below 3128...
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